Decision - Financial Management Code - Self Assessment
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Decision details
Financial Management Code - Self Assessment
Decision Maker: Audit & Standards Committee
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
Purpose:
The Chartered Institute of Public Finance
& Accountancy has issued a Financial Management Code (FM Code)
outlining 6 core principles for good practice. Authorities are
required to assess compliance with the Code and identify
improvement actions where necessary.
Decision:
1) That the Audit & Standards Committee note the authority’s self-assessment against the Financial Management Code and the identified improvement actions set out in Appendix 2.
Report author: Nigel Manvell
Publication date: 12/07/2023
Date of decision: 27/06/2023
Decided at meeting: 27/06/2023 - Audit & Standards Committee
Accompanying Documents: